A certain Solana ecosystem token has resumed its upward trend after experiencing a price correction. The project team has adopted a more aggressive tokenomics strategy: developers continuously use creator fees for buybacks and directly burn the repurchased tokens, creating a sustained deflationary mechanism. This approach supports the price by reducing circulating supply and also demonstrates the team's commitment to the project's long-term development. Among the many new projects on the current Solana chain, it is evident that this project has put effort into token management. The market tends to pay higher attention to projects with clear burning mechanisms like this.
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TrustMeBro
· 1h ago
Directly destroying? Now that's sincerity, much better than those projects that just talk but don't take action.
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MEVictim
· 14h ago
Buyback and burn schemes are everywhere on Solana now. Will it really rise or just another round of cutting leeks? Let's wait and see.
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SchrodingerAirdrop
· 15h ago
Hmm? Is this buyback and burn mechanism reliable, or is it just another scheme to cut leeks?
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ReverseTradingGuru
· 12-26 16:55
Buyback and burn schemes are heard of often; the key is whether they will actually be executed later on, otherwise it's just an empty promise.
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PhantomMiner
· 12-26 16:54
Buyback and burn is essentially market capitalization management. How long you can hold it is what really matters.
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ForeverBuyingDips
· 12-26 16:49
Another burn mechanism, this routine has become too common.
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liquidation_surfer
· 12-26 16:40
Continuous burning? I've seen this trick many times, but the key is whether it can really be carried out in the future.
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DuckFluff
· 12-26 16:34
The buyback and burn scheme, to be honest, I've seen it quite a few times, but Solana is indeed a bit aggressive. Continuously burning tokens to support the price is quite interesting.
A certain Solana ecosystem token has resumed its upward trend after experiencing a price correction. The project team has adopted a more aggressive tokenomics strategy: developers continuously use creator fees for buybacks and directly burn the repurchased tokens, creating a sustained deflationary mechanism. This approach supports the price by reducing circulating supply and also demonstrates the team's commitment to the project's long-term development. Among the many new projects on the current Solana chain, it is evident that this project has put effort into token management. The market tends to pay higher attention to projects with clear burning mechanisms like this.